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16 Nov
17:01

Turkish HRC slides on weak demand, import prices

Turkish mills have been pressed for further redutions in domestic hot-rolled coil (HRC) prices this week, mainly due to weak demand, but also on softening import prices, market participants tell Kallanish. "This week we saw a mild decline of $5-10/tonne on-week," a service centre executive comments. According to him, as well as to other sources, the market is not likely to see notable drops, such as the recently registered $20-30/t falls, till yea…
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